Fantastic investment opportunity-Many options 1. Grandfathered Auto Repair & used car lot plus. 2. 4 residential rentals possibility for redevelopment into housing units. Large land area currently park over 30 cars. Sale of Real Estate only.
Prime UVM rental. Rents quickly every year. Rents based on this year. Projected 6/1/2010 - 6/1/2011 rent is $6000 per month. 8.8% cap rate on projected rents. Well maintained unit with newer appliances, heating systems and roof. Hardwood floors throughout. Returns outpaced all major stock market indexes considerably over the past 10 years.
Ideal condo conversion opportunity. 2 front 3 bedroom townhouse units have separate basements. Rear 4 flat style units are cute with 12 parking spaces. Additional $1200 income from coin operated washer/dryer. 4 large storage units in basement for back 4 units. Operating expenses also included: snow removal and water/sewer.
Beautiful Downtown Burlington Victorian, lots of original woodwork, great owner occupied or investment property with little maintenance. Many units have been recently upgraded. This home featured beautiful architectural details including vaulted ceilings, large stained glass windows, a beautiful wrap around porch, and various classic Victorian roof lines. One unit features a detailed fireplace with original wood work. This property is a must see!
Splendid Queen Anne Victorian with studio accessory apartment earning $875/month. A 2-minute walk to Church Street, this home is a rare find in downtown Burlington. This home boasts 9' ceilings, parquet floors, pocket doors, recent dual wood and gas furnace, luxury bathroom and kitchen, and detached garage.
Exceptional Burlington 4 unit in great upper North Street location. Very nice, upscale apartments with charm and character. Large yard, plus plenty of parking and 4-car garage. Great opportunity for investors and owner-occupied buyers!
Solid building with exceptional access to all downtown has to offer, only two blocks off Pearl Street! Excellent numbers, one bedroom units always easy to rent, downstairs units each have nice porches. Updates in last decade include boiler (Weil-McLain Gold-GV, 2000/2001), hot water heaters, and vinyl windows. Off street parking for three vehicles, plus tandem in driveway.
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